Politics and the Economy

Article Type

Article

Description

Economic discourse in Pakistan has unfortunately become more polarised, toxic and partisan. Every single outcome, if it is favourable, is strongly defended by the government of the day but painted with a lot of scepticism and negativity by those in the opposition.

Several economic 'experts' and commentators have also, with few honourable exceptions, aligned themselves to one extreme or the other – white or black. Neutral and objective analysts are shunned because they do not create any sparks for the ratings. Only those who apply a political lens are frequent visitors. Social media, particularly vloggers and those on Twitter, has become a popular conduit for spreading contrived information that suits one or the other party.

In all this, viewers are left in daze as to what is in fact the real situation. This partial, inspired and at times confusing interpretation of the same set of facts affects market sentiments also in ways which are unpredictable and unfathomable.

Publication Source

The News

Publication Date

11-12-2021

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